ELDORADO GOLD CORP (ELD.CA) Stock Fundamental Analysis
TSX:ELD - Toronto Stock Exchange - CA2849021035 - Common Stock - Currency: CAD
We assign a fundamental rating of 7 out of 10 to ELD. ELD was compared to 797 industry peers in the Metals & Mining industry. While ELD has a great profitability rating, there are some minor concerns on its financial health. ELD has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings could make ELD a good candidate for value and growth investing.
1. Profitability
1.1 Basic Checks
ELD had positive earnings in the past year.
In the past year ELD had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ELD reported negative net income in multiple years.
Each year in the past 5 years ELD had a positive operating cash flow.
1.2 Ratios
ELD has a Return On Assets of 5.50%. This is amongst the best in the industry. ELD outperforms 90.09% of its industry peers.
ELD's Return On Equity of 8.20% is amongst the best of the industry. ELD outperforms 90.72% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.89%, ELD belongs to the top of the industry, outperforming 91.97% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ELD is significantly below the industry average of 11.45%.
The 3 year average ROIC (2.90%) for ELD is below the current ROIC(5.89%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 8.2% | ||
| ROIC | 5.89% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.22%
ROE(5y)-0.31%
ROIC(3y)2.9%
ROIC(5y)3.1%
1.3 Margins
ELD has a better Profit Margin (23.06%) than 96.11% of its industry peers.
In the last couple of years the Profit Margin of ELD has grown nicely.
ELD has a better Operating Margin (33.97%) than 95.23% of its industry peers.
In the last couple of years the Operating Margin of ELD has grown nicely.
The Gross Margin of ELD (40.37%) is better than 93.60% of its industry peers.
In the last couple of years the Gross Margin of ELD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.97% | ||
| PM (TTM) | 23.06% | ||
| GM | 40.37% |
OM growth 3Y12.58%
OM growth 5Y28.7%
PM growth 3YN/A
PM growth 5Y10.88%
GM growth 3Y7.51%
GM growth 5Y12.76%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELD is destroying value.
ELD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ELD has been increased compared to 5 years ago.
The debt/assets ratio for ELD is higher compared to a year ago.
2.2 Solvency
ELD has an Altman-Z score of 1.69. This is a bad value and indicates that ELD is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.69, ELD is in line with its industry, outperforming 51.82% of the companies in the same industry.
ELD has a debt to FCF ratio of 16.62. This is a negative value and a sign of low solvency as ELD would need 16.62 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 16.62, ELD belongs to the best of the industry, outperforming 89.33% of the companies in the same industry.
ELD has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
ELD has a worse Debt to Equity ratio (0.24) than 68.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 16.62 | ||
| Altman-Z | 1.69 |
ROIC/WACC0.72
WACC8.21%
2.3 Liquidity
ELD has a Current Ratio of 3.12. This indicates that ELD is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.12, ELD is in the better half of the industry, outperforming 64.74% of the companies in the same industry.
ELD has a Quick Ratio of 2.53. This indicates that ELD is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.53, ELD is doing good in the industry, outperforming 61.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 2.53 |
3. Growth
3.1 Past
ELD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 56.44%, which is quite impressive.
Measured over the past years, ELD shows a very strong growth in Earnings Per Share. The EPS has been growing by 89.34% on average per year.
ELD shows a strong growth in Revenue. In the last year, the Revenue has grown by 31.14%.
ELD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.44% yearly.
EPS 1Y (TTM)56.44%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%33.33%
Revenue 1Y (TTM)31.14%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%52.02%
3.2 Future
ELD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.62% yearly.
The Revenue is expected to grow by 13.20% on average over the next years. This is quite good.
EPS Next Y9.23%
EPS Next 2Y32.48%
EPS Next 3Y23.36%
EPS Next 5Y14.62%
Revenue Next Year19.88%
Revenue Next 2Y29.56%
Revenue Next 3Y24%
Revenue Next 5Y13.2%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.63 indicates a correct valuation of ELD.
Based on the Price/Earnings ratio, ELD is valued cheaper than 92.85% of the companies in the same industry.
When comparing the Price/Earnings ratio of ELD to the average of the S&P500 Index (26.54), we can say ELD is valued slightly cheaper.
With a Price/Forward Earnings ratio of 9.01, the valuation of ELD can be described as very reasonable.
Based on the Price/Forward Earnings ratio, ELD is valued cheaply inside the industry as 93.10% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.28, ELD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.63 | ||
| Fwd PE | 9.01 |
4.2 Price Multiples
94.23% of the companies in the same industry are more expensive than ELD, based on the Enterprise Value to EBITDA ratio.
ELD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ELD is cheaper than 90.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 83.17 | ||
| EV/EBITDA | 7.66 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ELD has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ELD's earnings are expected to grow with 23.36% in the coming years.
PEG (NY)1.58
PEG (5Y)0.16
EPS Next 2Y32.48%
EPS Next 3Y23.36%
5. Dividend
5.1 Amount
ELD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ELD (8/7/2025, 7:00:00 PM)
31.74
-0.26 (-0.81%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners85.38%
Inst Owner ChangeN/A
Ins Owners0.37%
Ins Owner ChangeN/A
Market Cap6.52B
Analysts72.31
Price Target32.4 (2.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.89%
Min EPS beat(2)-6.25%
Max EPS beat(2)4.47%
EPS beat(4)3
Avg EPS beat(4)7.62%
Min EPS beat(4)-6.25%
Max EPS beat(4)30.69%
EPS beat(8)7
Avg EPS beat(8)40.84%
EPS beat(12)9
Avg EPS beat(12)38.41%
EPS beat(16)12
Avg EPS beat(16)19.75%
Revenue beat(2)1
Avg Revenue beat(2)1.96%
Min Revenue beat(2)-0.02%
Max Revenue beat(2)3.93%
Revenue beat(4)1
Avg Revenue beat(4)-2.49%
Min Revenue beat(4)-8.86%
Max Revenue beat(4)3.93%
Revenue beat(8)2
Avg Revenue beat(8)-4.75%
Revenue beat(12)2
Avg Revenue beat(12)-6.74%
Revenue beat(16)3
Avg Revenue beat(16)-6.47%
PT rev (1m)1.93%
PT rev (3m)11.72%
EPS NQ rev (1m)12.15%
EPS NQ rev (3m)49.07%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.42%
Revenue NQ rev (3m)16.46%
Revenue NY rev (1m)4.39%
Revenue NY rev (3m)4.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.63 | ||
| Fwd PE | 9.01 | ||
| P/S | 3.34 | ||
| P/FCF | 83.17 | ||
| P/OCF | 6.89 | ||
| P/B | 1.19 | ||
| P/tB | 1.22 | ||
| EV/EBITDA | 7.66 |
EPS(TTM)2.17
EY6.84%
EPS(NY)3.52
Fwd EY11.1%
FCF(TTM)0.38
FCFY1.2%
OCF(TTM)4.61
OCFY14.51%
SpS9.5
BVpS26.7
TBVpS26.08
PEG (NY)1.58
PEG (5Y)0.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 8.2% | ||
| ROCE | 8.8% | ||
| ROIC | 5.89% | ||
| ROICexc | 5.89% | ||
| ROICexgc | 5.99% | ||
| OM | 33.97% | ||
| PM (TTM) | 23.06% | ||
| GM | 40.37% | ||
| FCFM | 4.02% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.22%
ROE(5y)-0.31%
ROIC(3y)2.9%
ROIC(5y)3.1%
ROICexc(3y)3.42%
ROICexc(5y)3.57%
ROICexgc(3y)3.5%
ROICexgc(5y)3.65%
ROCE(3y)4.33%
ROCE(5y)4.63%
ROICexcg growth 3Y24.28%
ROICexcg growth 5Y48.55%
ROICexc growth 3Y24.32%
ROICexc growth 5Y48.58%
OM growth 3Y12.58%
OM growth 5Y28.7%
PM growth 3YN/A
PM growth 5Y10.88%
GM growth 3Y7.51%
GM growth 5Y12.76%
F-Score6
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 16.62 | ||
| Debt/EBITDA | 1.27 | ||
| Cap/Depr | 242.37% | ||
| Cap/Sales | 44.49% | ||
| Interest Coverage | 24.1 | ||
| Cash Conversion | 92.7% | ||
| Profit Quality | 17.42% | ||
| Current Ratio | 3.12 | ||
| Quick Ratio | 2.53 | ||
| Altman-Z | 1.69 |
F-Score6
WACC8.21%
ROIC/WACC0.72
Cap/Depr(3y)168.21%
Cap/Depr(5y)144.08%
Cap/Sales(3y)39.34%
Cap/Sales(5y)33.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)56.44%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%33.33%
EPS Next Y9.23%
EPS Next 2Y32.48%
EPS Next 3Y23.36%
EPS Next 5Y14.62%
Revenue 1Y (TTM)31.14%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%52.02%
Revenue Next Year19.88%
Revenue Next 2Y29.56%
Revenue Next 3Y24%
Revenue Next 5Y13.2%
EBIT growth 1Y137.8%
EBIT growth 3Y26.11%
EBIT growth 5Y49.86%
EBIT Next Year86.25%
EBIT Next 3Y47.77%
EBIT Next 5Y21.35%
FCF growth 1Y160.63%
FCF growth 3Y-13.74%
FCF growth 5YN/A
OCF growth 1Y218.81%
OCF growth 3Y21.23%
OCF growth 5Y31.25%